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RBI/2015-16/300
DBR.IBD.BC.74/23.67.001/2015-16
Monetisation
Scheme,
2015)
Master
Direction
No.DBR.IBD.No.45/
MTGD
Type
deposit
LTGD
of Lock-in
period
(years)
3
of Lock-in
period
(years)
5
7 and < 12
Applicable rate
for LTGD at the
time of deposit 0.375%
12 and < 15
Applicable
rate for LTGD
at the time of
deposit
0.25%
LTGD
Position
as
on
date
7 and < 12
2.500%0.375%=2.125%
12 and < 15
2.500%0.250%=2.25%
(ix) The existing sub-paragraph 2.4 (i) shall be amended to read as under:
The Central Government will notify the list of BIS certified CPTC / Refiners under the
Scheme and shall be communicated to the banks through Indian Banks Association
(IBA).
The tripartite agreement shall have enabling provision for direct deposit of gold with
the refineries as well. In the alternate, banks shall enter into bipartite agreements
with the refiners, stating out the terms of that arrangements besides the tripartite
agreement.
Rajinder Kumar
Chief General Manager
Annex- 2
GMS MONTHLY STATEMENT
Short Term Bank Deposit (STBD)
A. Gold mobilized under STBD during the month (based on gold deposit intimation received from CPTC)
Sl.No
Detail of depositors
1.
Opening balance
2.
a)
b)
c)
d)
3.
a)
b)
c)
d)
Individual/HUF
MF/Gold ETFs
Other Trusts (e.g.
Temples)
Others
Redemption
Individual /HUF
MF/GOLD ETF
Other Trusts (e.g.
Temples)
Others
No. of depositors
Quantity of gold
(weight in grams)
4.
Premature
Withdrawal
a)
Individual /HUF
b)
c)
MF/GOLD ETF
Other Trusts (e.g.
Temples)
d)
Others
5.
Closing Balance
B)
1.
2.
a)
b)
c)
d)
e)
f)
3.
4.
C.
Summary of transactions
Total Gold mobilized under the Scheme in grams
Sr. No.
Detail of
depositors
1.
2.
Opening balance
Addition during the
month
Individual / HUF
MF/Gold ETFs
Other Trusts (e.g.
Temples)
Others
Redemption
Individual / HUF
MF/Gold ETFs
Other Trusts (e.g.
Temples)
Others
Premature
Withdrawal
Individual / HUF
MF/Gold ETFs
Other Trusts (e.g.
Temples)
Others
Closing Balance
a.
b.
c.
d.
3.
a.
b.
c.
d.
4.
a.
b.
c.
d.
5.
Opening Balance
Auctioned during the month
Closing balance
C) Deployment of gold purchased by the bank under the auction of MLTGD during the month (Weight in grams)
1)
Opening balance
2)
a)
b)
Sale to jewellers
c)
d)
e)
f)
3)
4)
Closing balance
1)
Opening balance
2)
D.
Summary of transactions
Total Gold mobilized under the Scheme in grams